- Home
- Technology
- News
- Huawei Deals Sealed at SPIEF With Russian Telecom Firms to Be Implemented Within 18 Months
Huawei Deals Sealed At SPIEF With Russian Telecom Firms To Be Implemented Within 18 Months
Daniyal Sohail Published October 23, 2019 | 04:53 PM
Huawei Vice President and Chief Digital Transformation Officer Edwin Diender told Sputnik that the memorandums of understanding the Chinese tech giant signed with Russian telecommunication firms at the St. Petersburg International Economic Forum (SPIEF) in June will be implemented within 18 months
MOSCOW (UrduPoint News / Sputnik - 23rd October, 2019) Huawei Vice President and Chief Digital Transformation Officer Edwin Diender told Sputnik that the memorandums of understanding the Chinese tech giant signed with Russian telecommunication firms at the St. Petersburg International Economic Forum (SPIEF) in June will be implemented within 18 months.
In June, Huawei announced plans to develop a number of engineering centers in Russia and launch other health and pharmaceutical-related projects in partnership with Russian companies.
"We have signed interesting memorandums of understanding�that are very promising and very � not even opportunistic � but very clear, tangible and deliverable within 12 to 18 months from now, together with the partnerships that we have with Rostelekom, Megafon, beeline and MTS ... at the economic forum in St. Petersburg a few months ago," Diender said, adding that Huawei had also signed an agreement with the city and region of St. Petersburg.
Additionally, the vice president said that Huawei planned to sign in the future more memorandums of understanding with Russia throughout various industries.
"And that shows exactly how we are strongly partnering with and very honored to be a strong partner already for the Russian Federation," Diender said.
In mid-October, the CEO of the Moscow Agency of Innovations, Alexey Parabuchev, told Sputnik that the Moscow government was discussing with Huawei the expansion of the tech giant's presence in the Russian capital through creating new research and development centers as part of its larger agenda to enhance cooperation with Moscow-based tech start-ups and corporations.
There are currently two Huawei research and development centers in Russia, located in Moscow and St. Petersburg, which together employ 550 people. Huawei reportedly intends to hire another 1,500 people over the next five years. The company also seeks cooperation with Russian scientific communities, universities and research.
Related Topics
Recent Stories
Israel carries out attack inside Iran, report US media
Saudi Assistant Minister of Defence calls on army chief
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 19 April 2024
Today Gold Rate in Pakistan 19 April 2024
Rock-solid Ruud racks up season-leading win in Barcelona
At UN, Iran says it will make Israel 'regret' reprisals
G7 hears calls for 'critical' Ukraine aid
EU seeks to leverage might to confront China, US challenge
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
Pak-New Zealand match called off due to rain
NHA restores traffic on roads affected by recent rains in Balochistan
China to fully support Pakistan's efforts against terrorism: Ambassador Jiang
More Stories From Technology
-
Take Charge, Live Free: Empower Your Life with Infinix NOTE 40 Series
21 hours ago -
PTA Undertakes Consultation with All Pakistan Network Association (APNA) on Proposed Class Value Add ..
21 hours ago -
Vivo V30 5G: The Perfect Blend of Enhanced Photography and Premium Design
2 days ago -
PITB's Regional Plan 9 invites applications for its newly launched incubation centers in Rawalpindi, ..
3 days ago -
Pakistan calls for enhanced information integrity on digital platforms
3 days ago -
Infinix NOTE 40 Series vs. the Competition: Why It Stands Out
4 days ago
-
"Unlock Exceptional Value: The New realme Note 50 with Extended Warranty Now Available in Pakistan!� ..
4 days ago -
Google unveils new AI chips, arm-based processor for data centers
10 days ago -
Italy considers stricter penalties for AI-related crimes
10 days ago -
Malaysia Calls on Meta and TikTok to Enhance Platform Monitoring
10 days ago -
Always Up-to-Date: Enjoy the Latest Android Updates on Your Infinix NOTE 40 Series for 2 Years
11 days ago -
Vivo V30 5G: Insights from Pakistan's Tech Experts and Lifestyle Influencers
13 days ago